Amazon.com is prioritizing enterprise AI to provide customers with the tools they need, beyond just chatbots. Matt Garman, CEO of Amazon Web Services (AWS), emphasized that AI goes beyond chatbot applications. AWS offers services to help customers establish secure environments, utilize large language models, index enterprise data, and more. Various customers, like Pfizer, are using AWS and Bedrock for applications such as drug discovery. Amazon is estimated to spend around $1 billion on AI development this year, leveraging its cost-cutting experience and focus on renewable energy. Amazon is constantly looking ahead and planning for future needs in terms of energy, supply chain, and technology. AWS and Amazon have been leading purchasers of renewable energy and are committed to providing customers with seamless services. Amazon’s stock closed Monday up 2.04% at $197.20.
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https://www.benzinga.com/news/24/07/39586197/amazon-web-services-focuses-on-the-future-anticipating-ai-challenges-years-in-advance-to-deliver-tru
Amazon.com (NASDAQ: AMZN) Anticipates AI Challenges Years in Advance to Deliver ‘True Value’ for Customers with Focus on Future, says Amazon Web Services
